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Archived threads in /biz/ - Business & Finance - 6652. page

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Why do we have no sticky like other boards?
36 posts and 6 images submitted.
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>>1504505
mods forgot about /biz/ :(
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>>1504505
Because giving investments/business advice with a sticky is, broadly speaking, a bad idea.
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>>1504524
>The stories and information posted here are artistic works of fiction and falsehood. Only a fool would take anything posted here as fact.

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I'm looking for a trading mentor somewhere in London. Preferably someone who deals with position trading, I don't care for day trading.

Help?
9 posts and 1 images submitted.
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I live in Australia and I've been cryptotrading for a week.
I'll mentor you for 0.1 BTC per day.
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>>1504498
I work in the Canary Wharf. Post your email so I can send you my address.
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>>1504523
Need some proof of that first.

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Seems legit lol

Obviously very legit job offer
49 posts and 3 images submitted.
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>>1504495
yeah seems legit just send them your SSN and copy of your birth certificate.
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It's that mystery shopper bullshit
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And the award for most useless board on all of 4chan goes to... /biz/.

Congratulations. I didn't think anyone could be any more pseudo-intellectual and wasteful than /sci/.
23 posts and 4 images submitted.
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>>1504486
As a /biz/ regular, I agree.
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Fuck you poor no life direction one direction loving bitch made coffee fetcher water boy faggot

This board is love. We are all one happy family here.

bizninja.boards.net

Never forget.
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>>1504489
Who is this fag? And why is he pretending 90% of people here aren't NEET?

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>he trades stocks and currencies, but not options
19 posts and 4 images submitted.
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I don't know what options are
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Are they even good? They do simplify trading, and they are easier to access than brokers but it seems like a hebrew maneuver to me
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>>1504477
they are the low level advanced derivatives

>>1504492
what you're really looking to do is it go long vol when it's cheap and to short vol when it's expensive

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Have you fallen for the early retirement meme? If you were successful, how long did you work before retirement? How big did you make it, or how frugally did you live? How did you save up for it, and how much of your income did you put into it?
66 posts and 4 images submitted.
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>>1504457
unless you make twice as much as your expenses this is not an option.
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>>1504468
Rather than just insult you, I'll give you this:

http://www.mrmoneymustache.com/2012/01/13/the-shockingly-simple-math-behind-early-retirement/

It explains retirement in a very easy to understand way.

Quick note:
>make twice as much as your expenses
>savings rate 50% -> retire in 17 years

I'd consider an early-mid 40's retirement to be pretty early compared to the standard. I'll be dipping out of the workforce by my mid 30's (at the absolute latest) but still, compared to the average person retirement in your 40s is ridiculously early.
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Oh god, I've spent way too many hours planning my journey and obsessing over saving rates and other details. I've been doing this for over a year now.
My savings rate is around 70% when looking at current expenses, 84% when looking at modeled retirement expenses. At this pace, I'll make it before I'm 30.

It isn't that difficult to keep up frugality and that's definitely the key part. The hard part is fighting off lifestyle creep, once you start letting yourself enjoy something, it's very difficult to get it back under control. I spend way too much on takeaway because of this.

My and gf's combined earnings are around £60k net and spending is ~£18k. After quitting we're moving back to eastern Yurop and will need around £8k/year to get by.

There are several probable obstacles in my way. It is possible that my retirement destination will catch up on CoL, which would suck massively. I'd probably retire further away in the countryside in that case.
The markets might enter a prolonged recession, in which case I would utilize my prime earning years working hard and buying devalued securities.

There's very little downside this lifestyle. Whatever happens I will come out on top of somebody who doesn't save.

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I got into a fender bender where a lady hit and damaged my car. She refused to give me any information. I snapped a picture of her liscence plate number and filed a claim. I ended up finding out who she was and she basically told me to lie about the accident and say it was a hitnrun. That is obviously not what happened so I filed the claim as it happened. The damages to my car are 500 dollars. I was wonderibg if I could take her to small claims court and have her pay that. I have recorded evidence as well as text of her asking me to file a fraudulent report. Any help would be appreciated.
9 posts and 1 images submitted.
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>>1504423
>as well as text of her asking me to file a fraudulent report
send that to your insurance company
they will make sure she gets raped and burned
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get the money from the insurance company and get them to sue her over attempted fraud
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OP here. I have to pay a 500 dollar deductible. This is what infuriates me. Should I take this to a small claims court or my insurance?

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I am starting a business with a similar model as to the place I was working before. We offered a small discount for bulk purchasing.

If I invoice something at full price and the customer pays a discounted rate, is the discount considered an expense to me that could be deducted?
11 posts and 1 images submitted.
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>>1504389
>If I invoice something at full price and the customer pays a discounted rate, is the discount considered an expense to me that could be deducted?
No. Discounts are a contra account to gross sales. You can net it against gross sales if you recorded the sale at full price, or simply record it directly into your net sales (revenue) total. Either way, it's not promotional and not a deduction.
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>>1504400
I will be contracting with franchisees and the parent company has a hold harmless agreement that I use. I do not have an LLC yet, and will probably form one anyways, but is it a problem just having people make payments out to me directly?
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>>1504412
Dude its financial unwise to do this without an registered company.

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Why do we let doctors get away with having a monopoly on healthcare? Didn't anyone ever think that maybe with a monopoly the quality of services would go down and price would go up, like with every other monopoly?
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When you get cancer you go to a """" doctor"""" that will give you """" medical"""" herbs that will heal you

Be the change you want to see anon
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>>1504371
Eh, currently most people with two brain cells don't waste time learning how to provide medical services proficiently without getting the relevant licence, since to employ those skills, or even practice the skills, would be illegal. The fact that said exclusive licence exists at all actually deters the general public who aren't willing to front hundreds of thousands of dollars and 8 years of time from learning anything about medicine to begin with.
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>>1504387
>>1504366
>Why do we require that people who take others' lives into their hands to make money have an extensive education on how to do so?

Is the UK housing market in an extreme bubble or am I being unreasonable?

This is the town where I live: http://www.rightmove.co.uk/property-to-rent/find.html?searchType=RENT&locationIdentifier=REGION%5E491&insId=2&radius=0.0&minPrice=&maxPrice=&minBedrooms=&maxBedrooms=&displayPropertyType=&maxDaysSinceAdded=&sortByPriceDescending=&_includeLetAgreed=on&primaryDisplayPropertyType=&secondaryDisplayPropertyType=&oldDisplayPropertyType=&oldPrimaryDisplayPropertyType=&letType=&letFurnishType=&houseFlatShare=false

It's not a particularly fancy place; just a decent suburban area.

And yet look at the rents. They're through the roof.

The median household income in the UK (net of taxes) is about £28,000.

In my area, it's probably more like £35,000 - a little higher, but not 'high' - I don't understand how people can really be paying these prices and still have money left over for anything else.

A McMansion for £5,500 per month? That's $7,283.

Give me a break.
21 posts and 3 images submitted.
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And god forbid you actually want to buy anything.

This is $737,000.
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>>1504369

This is $873.50 per square foot.

That's ludicrous, isn't it?
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Not when your country is full of Achmeds

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Ok, so I have a meteor. I know where it fell, and its kinda big. I have had it tested at multiple colleges, all of which tell me it's roughly worth $330,000. Problem is, anytime I go to a place like a meteor show the best off I get is $30,000. Where can I sell a expensive meteor?
23 posts and 2 images submitted.
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$5.00, best I can do
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That aint a meteor. It's a big ole giant ball o' cow manure
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>>1504325
1. Buy place where it fell
2. Build black box around it
3. ???
4. Allahu akbar

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help me pls, any successful daytraders on here

I know how to make money consistently but I struggle to stay disciplined for more than 1-3 days at a time. I've been working at this for a long time (18 months), been mentored and all that, and am right on the edge between becoming wealthy and staying broke. the only thing that separates the two is my repeated failure to stay disciplined and stick to my plan day after day after day.

what do

pic is yesterday's NQ futures chart.
130 posts and 7 images submitted.
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>>1504296
Dude what do you want someone to tell you? You know what your problem is already. You need to focus on your self control. What worked for me was keeping a journal. For example, every trading session make a chart of your most common rules. Every time you break a rule, put an X. After a few days you will see what rules you break most often, and work on getting it under control.

I would recommend reading Steenbarger's books, he helped me a lot with my psychology when trading.
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>>1504302
I have read a couple psych books so I will check him out, and I know what you mean. I am keeping a journal and it has helped me a lot in the past few weeks, I've improved at it but still just not getting it for some reason. have u traded with someone else? do you know if it helps to have another person there
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>>1504302
>Steenbarger
i just realized I've been reading his blogs recently, so I do know about him after all

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Ripple is backed by google, and top world banks

Ripple is the one

Ripple is the one that will be used to send digital transactions across the world

Ripple is the Future

http://www.cnbc.com/2016/09/15/google-backed-blockchain-start-up-ripple-raises-55-million-from-big-banks.html

http://fortune.com/2016/09/15/ripple-raises-55m-adds-major-bank-partners-as-blockchain-gains-ground/

http://bankinnovation.net/2016/09/ripple-raises-55m-as-client-list-grows-to-15-of-top-global-banks/

https://news.fastcompany.com/blockchain-company-ripple-raises-55m-to-usher-in-the-future-of-banking-4019263
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no one likes NWO?
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>>1504230

those are trash sites except for fortune, which hypes a lot of mediocre blockchain news. Its weird that they cant find a better picture than a huge up-close headshot of the top Ripple shill. The current marketcap is justified, but if theres no other news then there will be a dip below the current price in the next week.

If it makes ABC, CNN, FOX, BBC, then maybe more hype. also my shill detector is off the charts when people say shit like

>Ripple is the one
>Ripple is the one that will be used to send digital transactions across the world
>Ripple is the Future
>>
Any simple explanations of the technology? How does utilizing block chains decrease the time of high volume but low-value transactions?

How can we profit off of this?

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Make me rich /biz/
I want 19 stocks of anything
12 posts and 1 images submitted.
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MINE OTC ?
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Give me you're a nineteen sen
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>>1504214
Check your fucking voice mail

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Does anyone have a cheap social media account I could buy? I need to start somewhere with my affiliate money and charities.
14 posts and 1 images submitted.
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bump for interest
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>>1504163
Sure, I'll sell you my Facebook page. All yours for 10k. I was getting sick of my friends baby pictures anyway.
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>>1504349
>10,000 dollars
That's about 3 million friends.

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